Category: General

Gold Chart of The Week

Posted on by The INO.com Team

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (April 1 through April 5th)

After reviewing notes and performance from last week in the markets, one cannot help but be impressed by the US stock indexes. Despite reaching record levels on the charts, despite mediocre reports, and despite continued concerns about the ripple effect of Cyprus, the buy switch continued to stay on. The same big question still remains, “when will the market retrace”?

I believe that the stock indexes in the US will begin a gradual decline once European news begins to flow again. It has been too long since we heard the likes of Angela Merkel, Francois Hollande, and Mario Draghi. I think back to last year when these three may as well have been the President, Vice President, and Speaker of the House in the US with all of the press they had here. Yet suddenly, they have seemingly disappeared from all news lately. Continue reading "Gold Chart of The Week" →

Chart to Watch - GBPUSD

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the GBPUSD Forex Pair (GBPUSD).

Today let's take a look at the GBPUSD, which is possibly setting up a good opportunity to go long.

The GBPUSD is probably making a Head and Shoulders bottom and if it breaks out above the Neckline that would be a very bullish sign that this pair is heading higher.

With Forex MarketClub uses the weekly Trade Triangle for trend direction and MarketClub uses the daily Trade Triangle for timing, so if the GBPUSD puts in a green daily Trade Triangle, we could consider going long.

The MACD is rising and if the GBPUSD continues higher, the MACD will move through the zero line. Continue reading "Chart to Watch - GBPUSD" →

The Real Inflation Rate and What to Do About It

Posted on by The INO.com Team

A little over a month ago we did a quick poll on what our readers thought the real rate of inflation was. The idea for polling our readers came from the disconnect between the official government rate of around 1% and what some had told me they were experiencing first hand.

Thank you to everyone who participated, particularly those who shared frustrating examples of the ever-increasing cost of living. There were close to 100 pages of reader comments, and I read them all... every single word.

This week's column is primarily written by you, our loyal readers. You will recognize the reader comments as they are indented. Here is one example to get us started: Continue reading "The Real Inflation Rate and What to Do About It" →

Chart to Watch - MLNX

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Mellanox Technologies, Ltd. (MLNX).

I hope you are having a GREAT week !

This week let's take a look at MLNX which is a very interesting chart right now. Continue reading "Chart to Watch - MLNX" →

Don't Gamble, Own the Casino Instead

Posted on by admin

"Gamblers always die broke, young man," whispered the grizzled, old casino lizard at the Blackjack table as I gathered my meager winnings.

It wasn't very nice to hear: A recent college graduate, I had just earned a small sum during my first visit to a casino. But that advice ended up being among the wisest and most foresightful I have ever heard.

Soon after I met the old man, I read comments from billionaire casino owner Steve Wynn: "The only way to win in the casino is to own one." His words still resonate with me.

I thought to myself "Money lessons come from the most unexpected places." Here was a successful casino owner and a hard-core gambler essentially giving the same advice -- don't gamble and remember that the only way to win is to own the casino. I have never had interest in casino games since. Continue reading "Don't Gamble, Own the Casino Instead" →